JOB FUNCTION / SUMMARY:

Coordinate and manage loan/lease transnational closings supporting the Equipment Finance specialty lines of business (Direct Equipment Finance and Leasing, Capital Markets, Municipal Leases and Bonds), working with Equipment Finance Specialty Relationship Managers (“RMs”), Bank RMs, Customers, Equipment vendors, Insurance agents, Outside counsel, Corporate Documentation and Lending Services, and Credit and Portfolio Management.

ESSENTIAL DUTIES & RESPONSIBILITIES:

• Intake, submission, and processing of documentation requests from HWEF RM’s.
• Coordinate transaction documentation and closing/funding package with RM’s, Customer, Seller, Attorney’s, Insurance broker, Vendor/Dealer and other support staff.
• Review credit approval memorandum and establish transaction workflow to perfect equipment collateral.
• Follow HWEF lien perfection procedures to determine and appropriate security interest method.
• Determine when to perform a UCC lien search, perform the search, review the results and draft/obtain all necessary releases and/or subordinations.
• Determine if UCC Inventory filing is required.
• Follow appropriate procedures and file appropriate UCC forms to ensure HWEF has first perfected security interest in its collateral (equipment and/or inventory).
• Review equipment invoices to determine vesting of ownership in subject equipment.
• Review Borrower/Lessee corporate documentation to determine correct legal names.
• Review title registrations to assure proper ownership and lienholder.
• Review appropriateness of insurance, including lender/lessor interest.
• Review pay/proceeds instructions from borrower/lessee.
• Prepare and Review transaction closing/funding package.
• As appropriate prepare/review wire request per HWEF procedures.
• Create document checklist/specifications for submission to Corporate Documentation and/or outside counsel.
• Input and review all necessary transaction details into Aspire.
• Complete daily activities for the operations area.
• Assist with Collateral and Documentation Exception Clearing.
• Provide superior customer service to both internal and external clients.
• Follow statutory compliance, risk management and internal controls.
• Complete special projects and other duties as assigned.

SUPERVISORY RESPONSIBILITIES:

None